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Business Plan

The business plan outlines a BPO service specializing in accounting and finance, offering services such as bookkeeping, payroll processing, and tax return preparation. It targets both domestic and global markets, including startups, SMEs, and individuals, while facing competition from freelancers and existing BPO firms. The model emphasizes cost-effective solutions, compliance, technology integration, and a hybrid workforce based in Dhaka with offshore teams.

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Mahmud Kaiser
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52 views10 pages

Business Plan

The business plan outlines a BPO service specializing in accounting and finance, offering services such as bookkeeping, payroll processing, and tax return preparation. It targets both domestic and global markets, including startups, SMEs, and individuals, while facing competition from freelancers and existing BPO firms. The model emphasizes cost-effective solutions, compliance, technology integration, and a hybrid workforce based in Dhaka with offshore teams.

Uploaded by

Mahmud Kaiser
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Business Plan of

BPO Service-Accounting
and Finance
Services will offer:
Bookkeeping PF & Gratuity Fund

Payroll Process Inventory Management

Tax Return Preparation &


A/R & A/P management
Compliance
Target Market
Domestic Global

Startups Freelancing sites

SMEs Startups

Associations Asset Management Company

Individuals Affiliation with International


Accounting Firms
Competitive Analysis
Direct Competitors:
Freelancers;
Existing BPO Firms
Local Financial Consulting Firms.
Indirect Competitors:
Inhouse Accounting Teams
Chartered Accountants Firms
Cost-Effective Affordable financial services compared to hiring a full-
Solutions: time accountant or financial consultant.

Expertise & High-quality financial advice ensuring tax compliance


Compliance: and regulatory adherence.
Scalability & Services tailored to business needs, from one-time
Flexibility: consultations to ongoing financial management.
Technology Use of cloud-based accounting software (QuickBooks,
Integration: Xero etc) for real-time financial tracking.
Confidentiality & Assurance of data privacy and security in financial
Security: records management.
Business Model
Headquarters in Dhaka with
Onshore & Offshore
offshore teams in cost-
BPO Setup
effective regions.
Combination of remote
Hybrid Workforce accountants and on-premise
professionals.
Use of cloud-based software
Tech-Driven (QuickBooks, Xero, SAP,
Oracle NetSuite).
Business Operation Cycle

Quality
Business Operation Delivery
Control
Hire
experienced Existing
person with Business Team Finance Team
good portfolio
Business
Team

Salary+ Revenue Share


Operation Team

Hire New
Existing Employee
Finance
Team

Extensive
Training

On Board in Team
Technology &
Infrastructure
AI-powered financial data
processing

Secure cloud accounting


platforms

Automated invoice processing


and reconciliation

Secure data protection and


compliance with GDPR & SOC2

Managing Provident Fund and


Gratuity Fund

Understand International • Familiarize with ERISA (Employee Retirement Income Security Act), which governs retirement and pension funds.
• Ensure compliance with IRS and Department of Labor (DOL) regulations for retirement benefits.
Regulatory Compliance • Adhere to both state and federal tax implications for fund management.

Partner with a U.S and Europe- • Work with registered financial institutions, banks, or third-party administrators (TPAs).
• Use fiduciary services in the U.S. for handling pension fund disbursements.
Based Custodian or Trustee

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